Termination of the Investment Adviser (Restricted) Licence of Fairway Advisory Services Limited
The FSC Mauritius issued a Notice on 08 July 2016 to inform the public that Fairway Advisory Services Limited has surrendered its Investment Adviser (Restricted) Licence in accordance with Section 28 (5) of the Financial Services Act 2007 (the “Act”).
Pursuant to Section 28 (9) of the Act, the public was notified that the Investment Adviser (Restricted) Licence of Fairway Advisory Services Limited stands terminated with effect from 03 June 2016.
Termination of the CIS Manager Licence of Discovery Capital Managers Ltd
The FSC Mauritius issued a Notice on 04 July 2016 to inform the public that Discovery Capital Managers Ltd has surrendered its CIS Manager Licence in accordance with section 28(5) of the Financial Services Act 2007 (the “FSA”).
Pursuant to section 28(9) of the FSA, the public is hereby notified that the CIS Manager Licence of Discovery Capital Managers Ltd stands terminated with effect from 02 May 2016.
Warning against Alpex International Limited
It has been brought to the notice of the FSC Mauritius that an entity in the name of Alpex International Limited (‘Alpex Markets’) is falsely claiming to hold an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence and a Category 1 Global Business Licence issued by the FSC Mauritius on 11 November 2013. Alpex Markets is defrauding investors by collecting money from forex trading.
Alpex Markets is not and has not, at any point in time, been licensed and regulated by the FSC Mauritius. The FSC Mauritius, in a Notice issued on 04 July 2016, urged investors and the public to exercise caution in respect of Alpex Markets.
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